Tier 1 Entrepreneur visa UK

 In the absence of HSMP General (Tier 1) for the PSW visa and Student Visa holders, the new Tier 1 Entrepreneur visa is a easy way to extend their stay for initial leave to remain by 3 years and further extension of 2 more years, leading to the indefinite leave to remain.

The parameters qualifying for this Visa are listed as under;

Candidate must meet the point’s requirements  of 75 in order to qualify and a mandatory qualification of 10 points for maintenance and the English Language requirement. In absence of mandatory maintenance (10 points) and English requirement ( 10 Points) the application will be failing despite scoring the 75 points.


How are the points awarded:
·   25 points :   You must have access to not less than £200,000 or £50,000* 
·   25 points :  The money must be held in one or more regulated financial institutions 
·   25 points : The money must be disposable in the United Kingdom and can be held anywhere in the world by your sponsor.

If you are on a PSW Visa the funds to show are only £50,000 and more.

Under this Tier 1 Ent scheme you can club up with maximum of 2 people whilst making an application. Both the candidates will be awarded with the Visa for 3 years separately. This also allows both the candidates to bring their dependants that is their Spouse and any children's under 18 years of an age.

English Language proficiency ( 10 Points)

Applicants can satisfy the language requirements in the following ways:

· Sit an English Exam (i.e. ILETS) Level C1 or IELTS level 6.5 required

· If you have a degree taught in English. A letter from the University stating that the course full-time degree was taught in English can wave of the IELTS exam. Make sure the start end date of the course, full name, Full-time mode of study, start and end date of the course is listed in the letter from the university or College. The degree completed from the institution moreover must be falling equivalent to a Degree taught in English in the UK. UKNARIC equivalent.

· If you originate from a country where the primary language is  English than the requirement of English is waved off

Maintenance ( 10 Points)

Candidates must show the bank balance in their personal account anywhere in the world to meet the maintenance requirements:

£3,100 in personal savings if applying from outside the UK on or after 14 June 2012; or
£900 in personal savings if you are applying from inside the UK on or after 14 June 2012.
All savings must have been held for 90 consecutive days.

Candidates claiming to bring their dependants must show an additional of £1800 for applications after 14 June 2012. For all other dependants, candidates in the UK (in-country) will need to show £600 for applications made on after 14 June 2012.


Length of Leave to Remain 

3 years initial Leave to remain is stamped if the visa is switched remaining inside the UK

3 years and 4 months leave to remain is stamped if the Tier 1 visa is obtained from the British High Commission, a diplomatic post in candidate's country.

2 years of extension earned upon the completion of given initial leave to remain as above leading to qualify for the application of Indefinite leave to remain (PR)

Following Visa holders can apply In-country (Inside the UK)

· Intra-company transferee (Tier 2);
· Minister of religion (Tier 2);
· Sports person (Tier 2);
· Highly skilled migrant;
· Highly skilled worker (Tier 1);
· Investor (Tier 1);
· Post-study worker (Tier 1);
· Business person;
· Innovator;
· Student;
· Student nurse;
· Student re-sitting an examination;
· Student writing up a thesis;
· Work permit holder;
· Postgraduate doctor or dentist;
· Self-employed lawyer;
· Writer, composer, artist;  
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